Hitech Corporation Ltd (HITECHCORP) — FY26 Annual Report | 2 September 2026 (3 announcements)

Hitech Corporation Ltd's 35th AGM is scheduled for September 24, 2026, with shareholders to vote on key resolutions including declining to fill a director vacancy and approving a material related party transaction with Asian Paints. The Annual Report FY 2025-26 shows revenue of ₹58,425 crores, EBITDA of ₹6,661 crores, and net profit of ₹802 crores, reflecting 6.3% YoY revenue growth and 5.2% PAT growth. The company maintains a debt-equity ratio of 0.5 and current ratio of 1.2, with strong cash reserves of ₹528.77 lakhs. Strategic initiatives include expansion of Dahej facility, integration of Thriarr Polymers, renewable energy adoption across 4 locations, and sustainability efforts targeting 30% recycled content. The board comprises 6 non-executive independent directors, with appointments of Mehli Golvala and CFO Mugdha Khare effective May 2026.

Hitech Corporation Ltd reported FY26 revenue of ₹58,425.16 lakhs, up 6.3% YoY, with EBITDA at ₹6,660.52 lakhs (+16.3%) and net profit of [amount context mismatch] lakhs (+5.2%). The company declared a final dividend of ₹1 per share (₹171.76 lakhs) and highlighted strategic growth in sustainable packaging, IML technology, and expansion into oils and lubricants. Key risks include raw material price volatility and EPR compliance pressures. The AGM is scheduled for September 24, 2026, via video conference, with e-voting via NSDL. Board appointments include Mehernosh Mehta re-appointed as Whole-time Director until 2027 and Mehli Golvala appointed as Independent Director until 2031. Governance remains robust with 6 independent directors on a 10-member board.

Hitech Corporation disclosed that shareholders who have not registered their email addresses with the company or its RTA will receive the 2025-26 Annual Report via a link on its website, urging KYC updates and dematerialisation of physical shares ahead of the September 24 AGM.